First Eagle Investment Management LLC Makes New Investment in Allegiant Travel Company $ALGT

First Eagle Investment Management LLC bought a new stake in Allegiant Travel Company (NASDAQ:ALGT) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 45,343 shares of the transportation company’s stock, valued at approximately $3,866,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Signaturefd LLC lifted its holdings in shares of Allegiant Travel by 27.3% during the 4th quarter. Signaturefd LLC now owns 546 shares of the transportation company’s stock worth $47,000 after acquiring an additional 117 shares during the period. CWM LLC increased its stake in Allegiant Travel by 3.9% in the fourth quarter. CWM LLC now owns 6,031 shares of the transportation company’s stock valued at $514,000 after acquiring an additional 224 shares during the last quarter. NewEdge Advisors LLC raised its position in Allegiant Travel by 43.7% during the second quarter. NewEdge Advisors LLC now owns 1,227 shares of the transportation company’s stock valued at $67,000 after purchasing an additional 373 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Allegiant Travel by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,202 shares of the transportation company’s stock valued at $475,000 after purchasing an additional 394 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its stake in Allegiant Travel by 442.0% during the third quarter. Hantz Financial Services Inc. now owns 542 shares of the transportation company’s stock worth $33,000 after purchasing an additional 442 shares during the last quarter. 85.81% of the stock is currently owned by institutional investors and hedge funds.

Allegiant Travel Price Performance

Allegiant Travel stock opened at $75.22 on Thursday. The company has a current ratio of 0.91, a quick ratio of 0.87 and a debt-to-equity ratio of 1.52. The company has a market capitalization of $1.39 billion, a PE ratio of -37.61, a P/E/G ratio of 0.34 and a beta of 1.50. Allegiant Travel Company has a 12 month low of $42.56 and a 12 month high of $118.00. The stock has a 50-day moving average price of $81.92 and a two-hundred day moving average price of $84.09.

Allegiant Travel (NASDAQ:ALGT) last released its quarterly earnings results on Thursday, April 30th. The transportation company reported $3.77 earnings per share for the quarter, topping the consensus estimate of $3.40 by $0.37. Allegiant Travel had a positive return on equity of 10.07% and a negative net margin of 1.30%.The company had revenue of $732.43 million for the quarter, compared to analysts’ expectations of $711.01 million. During the same period in the previous year, the business posted $2.11 earnings per share. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. Allegiant Travel has set its Q2 2026 guidance at -1.000–0.000 EPS. Analysts expect that Allegiant Travel Company will post 4.17 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on ALGT shares. Susquehanna reissued a “positive” rating and set a $110.00 price target on shares of Allegiant Travel in a report on Friday, February 6th. UBS Group raised their price target on shares of Allegiant Travel from $90.00 to $93.00 and gave the company a “neutral” rating in a research note on Monday, March 23rd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Allegiant Travel in a report on Wednesday, January 21st. Citigroup lowered their price objective on shares of Allegiant Travel from $114.00 to $98.00 and set a “neutral” rating for the company in a research report on Friday, March 20th. Finally, Wolfe Research raised shares of Allegiant Travel from a “peer perform” rating to an “outperform” rating and set a $108.00 price objective for the company in a research note on Tuesday, January 20th. Five research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Allegiant Travel has a consensus rating of “Hold” and a consensus target price of $102.70.

About Allegiant Travel

Allegiant Travel Company is a holding company that operates Allegiant Air, a low‐cost leisure airline offering scheduled and charter air service. The company focuses on connecting underserved secondary markets with popular vacation destinations across the United States. By targeting price‐sensitive leisure travelers, Allegiant Air operates a point‐to‐point network that avoids the traditional hub‐and‐spoke model, providing non‐stop flights from smaller cities to resort and entertainment hubs.

In addition to its core flight operations, Allegiant Travel Company offers packaged travel services that include hotel accommodations, rental cars and attraction tickets through its online portal.